SC Cemacon Balance Sheet Health
Financial Health criteria checks 6/6
SC Cemacon has a total shareholder equity of RON400.1M and total debt of RON79.2M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are RON586.8M and RON186.7M respectively. SC Cemacon's EBIT is RON2.0M making its interest coverage ratio -1.6. It has cash and short-term investments of RON80.8M.
Key information
19.8%
Debt to equity ratio
RON79.21m
Debt
| Interest coverage ratio | -1.6x |
| Cash | RON80.76m |
| Equity | RON400.09m |
| Total liabilities | RON186.70m |
| Total assets | RON586.79m |
Recent financial health updates
Here's Why SC Cemacon (BVB:CEON) Can Manage Its Debt Responsibly
Mar 01
Does SC Cemacon (BVB:CEON) Have A Healthy Balance Sheet?
Nov 30Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For SC Cemacon (BVB:CEON)
Mar 12There's Been No Shortage Of Growth Recently For SC Cemacon's (BVB:CEON) Returns On Capital
Feb 25SC Cemacon (BVB:CEON) Is Looking To Continue Growing Its Returns On Capital
Nov 16SC Cemacon's (BVB:CEON) Returns On Capital Are Heading Higher
May 05Here's Why SC Cemacon (BVB:CEON) Can Manage Its Debt Responsibly
Mar 01Will The ROCE Trend At SC Cemacon (BVB:CEON) Continue?
Feb 02
Should You Rely On SC Cemacon's (BVB:CEON) Earnings Growth?
Jan 12SC Cemacon SA's (BVB:CEON) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 21Does SC Cemacon (BVB:CEON) Have A Healthy Balance Sheet?
Nov 30Financial Position Analysis
Short Term Liabilities: CEON's short term assets (RON165.2M) exceed its short term liabilities (RON71.6M).
Long Term Liabilities: CEON's short term assets (RON165.2M) exceed its long term liabilities (RON115.1M).
Debt to Equity History and Analysis
Debt Level: CEON has more cash than its total debt.
Reducing Debt: CEON's debt to equity ratio has reduced from 34% to 19.8% over the past 5 years.
Debt Coverage: CEON's debt is well covered by operating cash flow (48.3%).
Interest Coverage: CEON earns more interest than it pays, so coverage of interest payments is not a concern.